Arizona Assignment of Judgment
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How to fill out Assignment Of Judgment?
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FAQ
JUDGMENT ? ASSIGNMENT OF JUDGMENT: FORCING CO- DEBTORS TO CONTRIBUTE TO A JUDGMENT WITH ASSIGNMENTS AND CHARGING ORDERS.
By definition, when there is an assignment of a judgment, the assignee becomes the party in interest and the assignor has no further interest in the action or the enforcement of the judgment.
All such assignments of judgment must be in writing, showing the date thereof; the name and address of the assignor and assignee; the amount of the judgment or the amount remaining due on the judgment, whichever is lesser, and when and by what court the judgment was granted; a statement describing the rights assigned; ...
In Arizona, a judgment is initially effective for ten years after the date of its entry, and execution must be accomplished within that period. A.R.S. § 12-1551(B).
The opposing party shall include with the motion to compel satisfaction of the judgment an affidavit that evidences proof of payment and, if necessary, the due diligence that was performed in attempting to locate the prevailing party. If the motion is granted, the judgment is deemed satisfied.
The person assigning the judgment (the seller) to you (the buyer) must sign the form in the presence of a notary. The form must be signed and stamped by the notary. Once this is done, the form becomes the original that the court needs.
(b) An acknowledgment of assignment of judgment shall contain all of the following: (1) The title of the court where the judgment is entered and the cause and number of the action. (2) The date of entry of the judgment and of any renewals of the judgment and where entered in the records of the court.
Arizona Revised Statutes (A.R.S.) Section 25-504 states that once there is a valid court order for support, either parent can make an ex parte (without the other parent present) request to the court for wage assignments.
